THE FIVE LAMPS ORGANISATION
Financial health, per its FY2024 accounts
The accounts state that consolidated net worth improved significantly to £249,135, with total income of £3,807,483 exceeding total expenditure of £3,559,368 for the first time in five years. The Trustees report a policy to hold not less than £100,000 in unrestricted cash, which was maintained throughout the year, and the auditors confirmed no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“In the band £70,001 - £80,000” — page 44
“The Trustees’ intention is to hold not less than £100,000 at any point in time in accessible and unrestricted cash balances” — page 6
“One of the trustees was paid remuneration of £Nil (2023: £7,818 in 18 month period ended 30 September 2023) in the year ended 30 September 2024 and this was paid by the subsidiary company. The remuneration paid was due to to a trustee being a director of the subsidiary company, Five Lamps Trading Limited.” — page 44
“The charity owns 100% of the share capital of Five Lamps Trading Limited, company number 08029251.” — page 57
“One of the trustees was paid remuneration of £Nil (2023: £7,818 in 18 month period ended 30 September 2023) in the year ended 30 September 2024 and this was paid by the subsidiary company. The remuneration paid was due to to a trustee being a director of the subsidiary company, Five Lamps Trading Limited.” — page 44
“The charity owns 100% of the share capital of Five Lamps Trading Limited, company number 08029251.” — page 57
“The Governance structure no longer includes an Audit & Risk Committee due to the resignation of its Chair and inability to recruit new Trustees.” — page 10
“The Trustees recognise the board numbers are too low and this has increased some risks throughout the year in terms of decision making.” — page 8
“The Governance structure no longer includes an Audit & Risk Committee due to the resignation of its Chair and inability to recruit new Trustees.” — page 10
“The Trustees recognise the board numbers are too low and this has increased some risks throughout the year in terms of decision making.” — page 8
Year-over-year changes
- Top pay band moved from £130,001 - £140,000 (FY2023) to £70,001 - £80,000 (FY2024).
- Going concern: material uncertainty (FY2023) → no going-concern doubt (FY2024).
Structured financials (annual return, FY ending 30/09/2024)
Care Quality Commission ratings
- Five Lamps Home Care: Good
Trustees
- PATRICIA CHAMBERS
- Trevor Watson
- Vivienne Holmes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | — | — |
| 30/09/2024 | £3.8m | £3.6m |
| 30/09/2023 | £5.9m | £6.0m |
| 31/03/2022 | £3.1m | £3.9m |
| 31/03/2021 | £4.2m | £4.7m |
Common questions
Is THE FIVE LAMPS ORGANISATION financially healthy?
The accounts state that consolidated net worth improved significantly to £249,135, with total income of £3,807,483 exceeding total expenditure of £3,559,368 for the first time in five years. The Trustees report a policy to hold not less than £100,000 in unrestricted cash, which was maintained throughout the year, and the auditors confirmed no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Armstrong Watson Audit Limited.
What does the highest-paid employee of THE FIVE LAMPS ORGANISATION earn?
Per its FY2024 accounts, the highest-paid employee was in the £70,001 - £80,000 band.
Who funds THE FIVE LAMPS ORGANISATION?
Funders whose own accounts filings name THE FIVE LAMPS ORGANISATION as a grant recipient include TEES VALLEY COMMUNITY FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| TEES VALLEY COMMUNITY FOUNDATION | FY2022 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| W F SOUTHALL TRUST | 2 | £7k |
| WALES COUNCIL FOR VOLUNTARY ACTION | 1 | £233k |
| THE A S CHARITABLE TRUST | 1 | £77k |
| ROSA FUND | 1 | £60k |
| THE ALLEN OVERY SHEARMAN STERLING FOUNDATION | 1 | £50k |
| THE DULVERTON TRUST | 1 | £40k |
| AQUILA FAMILY CHARITABLE TRUST | 1 | £35k |
| THE PETER STEBBINGS MEMORIAL CHARITY | 1 | £35k |